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Bernstein Expects the Crypto Sector’s Market Cap To Rise to $7.5 Trillion by 2025, Which Equates to a Price of Around $210,000 for One Bitcoin

NewsTech

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Reading time: 1 min.

Bitcoin Robinhood

When Wall Street starts using words like a "monster crypto rally," one has clearly missed the boat on securing a sweet spot entry point. Nonetheless, if Bernstein's latest projections pan out, the ongoing bullish cycle still has quite a bit of legroom to run, which bodes well for not only crypto sector heavyweights like Bitcoin but also the sector-exposed stocks such as Robinhood. ROBINHOOD $HOOD coverage initiated with $30 PT at Bernstein, citing a 'Monster Crypto Cycle' "We are initiating coverage on Robinhood (HOOD) with an Outperform rating (PT $30, 83% upside). The buy-side and sell-side alike, refuse to see […]

Read full article at https://wccftech.com/bernstein-expects-the-crypto-sectors-market-cap-to-rise-to-7-5-trillion-by-2025-which-equates-to-a-price-of-around-210000-for-one-bitcoin/

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